DHCD Maryland Nonprofit Recovery Initiative Round II Details

Instructions

Review the steps - read carefully

1. Round II Maryland Department of Housing and Community Development (DHCD) Applicant Eligibility Criteria:

   To be eligible to apply, a nonprofit must meet all of the following criteria:

    Nonprofit 501(c)(3) organizations

    Organizations that are in good standing with the Maryland Department of Assessments and

   Taxation (SDAT).

    Organizations based in Maryland that serve Maryland communities and populations (through

   the mission focus areas of economic development and economic recovery or health and human

   services or housing).

    Organizations that can demonstrate the negative financial impact of COVID-19 as

   represented by reduced operating revenue or increased operating expenses.

    Financially viable nonprofits whose operations will continue forward

2. Round II Maryland Department of Housing and Community Development (DHCD) Funding Criteria:

   The maximum grant request amount is $50,000 and the minimum amount is $5,000 based on

   the organization’s annual operating budget.
   
   

    Only applications that are fully complete at submission will be considered for funding.

    Eligible requests will be for basic operating support (staffing, rent, utilities, supplies, etc.) to

   address the revenue reductions and/or expense increases due to COVID-19 and the related

   state-of-emergency, the replacement of which is critical to the nonprofit’s continuity of

   operations.

    These decreased revenues or increased expenses must occur within the period of March 1,

   2020 through December 30, 2020 (per CARES Act funding requirements).

    NEW for Round II: Grant requests up to $50,000 are allowed from eligible applicants with annual operating

   budgets at or above $1 million. (Maximum grant request is $50,000)

    Grant requests up to $25,000 are allowed from eligible applicants with annual operating

   budgets at or above $250,000 and below $1million.

    Grant requests up to $10,000 are allowed from eligible applicants with annual operating

   budgets below $250,000. (Minimum grant request is $5,000)

    Funding requests will be reviewed on a first-come-first-served basis.

    Individual grant amounts may be reduced relative to requests, if demand exceeds available

   funding.

3. Round II Maryland Department of Housing and Community Development (DHCD) Application Process:

    NOFA release: Monday, August 10

    Projected on-line NORI application portal opens: 12:00 noon, Wednesday, August 12

    Application portal closes: 12:00 noon, Friday, August 21 at the latest; the portal may

   close if or when grant requests exceed available funding.

    Funding announcements on a rolling basis beginning no later than Wednesday, August 26th.

4. Round II Maryland Department of Housing and Community Development (DHCD) Application Requirements:

   In addition to basic organizational information, such as the organization’s official mission statement,

   the following information and attachments will be required in the on-line application for an

   application to be considered complete. Space to answer will be very limited; it is recommended that

   applicants prepare answers and gather required attachments in advance of the August 12 opening of the

   on-line application.

   
   

   1. Organizational Summary: A brief description of the organization’s (a) recent

   accomplishments, and (b) financial ability to continue operations.

   2. COVID Impacts: A brief summary and dollar amounts of the (a) overall revenue reductions and/or (b) expense

   increases incurred or projected for the period March 1, 2020 through December 30, 2020. Provide information on other local, state and/or federal COVID-19 relief funds received and how they have addressed the impact of COVID-19 on your organization and how you still have an operational gap after receiving those funds.

   3. Budget/Use of Funds: A simple budget form will be provided in the on-line application in

   which the applicant will list the sources and use(s) of requested funds.

5. Round II Maryland Department of Housing and Community Development (DHCD) Required Application Attachments:

   The following attachments will be required in the on-line application for the application to

   be considered complete:

   
   

    IRS Determination Letter of 501c3 status

    Online verification of Certificate of Good Standing from the Maryland State Department of

   Assessments and Taxation

    The applicant’s most current Year-To-Date financial statements, preferably through May

   2020.

    IRS W-9 Request for Taxpayer Identification Number and Certification